SK Hynix briefly became South Korea's largest company by market capitalization, with the largest on-chain short position currently at a $3.7 million unrealized loss.

BlockBeats News, June 22, according to Hyperinsight monitoring, as of the time of publication, SKHX on Hyperliquid is currently trading at $1906.4, with after-hours gains continuing. There are currently 27 positions holding over a million dollars' worth of SKHX, with a short position size of approximately $65.34 million, higher than the long position of about $36.57 million. The on-chain trading volume has exceeded $180 million, making it the largest single stock trading volume apart from crude oil and indices.

Among them, the largest short position address for SKHX has shorted 8096.281 SKHX with 4x leverage, with a position value of around $15.41 million, an average entry price of $1447.99, currently with an unrealized loss of about $3.69 million, and a liquidation price at $2298.25.

It is reported that SK Hynix once surpassed Samsung Electronics in market capitalization during intraday trading, becoming the highest valued listed company in Korea, mainly driven by HBM chips and AI demand. Its stock price has more than tripled since the beginning of this year, reaching a peak market capitalization of 20.54 trillion Korean won (approximately $1.3 trillion). SK Hynix's market cap surpassing Samsung Electronics has triggered discussions in Korea regarding the reassessment of the semiconductor sector's weight.

Address: 0x4c78a97cef589b01bb91dbf893fffa14243d2444